This scholarship fund was established on September 16, 1996 by Isidore C. Myers, a 1939 graduate of The University of Akron. Upon graduation, Isidore joined his brothers, Meyer and Louis, as a partner in Myers Tire Supply, which later became Myers Industries. In 1971, he left the company and started ICM-JAE Properties, Inc., formerly known as Isidore C. Myers Properties, Inc.

In creating this scholarship fund, Mr. Myers stated: “A person must strive to leave this world in a better place than when he or she entered it. The education I attained at The University of Akron was crucial to the success I achieved in my business career and in my life in general. It is time to repay The University of Akron, my mentors and benefactors. Penny and I are delighted to help others become college educated so they too can be the best they can be.”

The purpose of the fund is to provide annual scholarship assistance for employees of Myers Industries, Inc., or their children and grandchildren. In awarding the scholarship, first preference shall be given to individuals for the continuation of studies in The University of Akron’s College of Business Administration. If there are no applicants from Myers’ Industries, Inc. that meet these criteria, awards may be made to the general applicant pool of students in the CBA.